The graphics below provide a snapshot of today’s sports betting landscape - the money and locations involved and some of the partnerships recently forged among gambling companies, sports leagues and media outlets. And this is only the beginning the industry is poised for explosive growth. Digital apps make sports betting possible on mobile devices, which gives it a foothold across America and threatens the business of brick-and-mortar casinos. California, which may become the biggest market of all, will vote on legalization next year.Īs betting expands, the boundaries that once separated gambling from sports media and professional sports leagues are disappearing.
More money is now wagered on sports in New Jersey than in Nevada. This has always been their niche, but in more recent times they have branched out and provide a fixed odds betting service on the side too. Since the Supreme Court in 2018 ended federal bans on the industry’s expansion, dozens of states have legalized it, and a multibillion-dollar betting boom is afoot. Spreadex Best for Sports Spread Betting (Bet 10 to Get 30 in Free Bets) Founded back in 1999, Spreadex soon became the leading spread betting sports platform in the UK. once confined to Nevada - has gone mainstream.